Kerrii Anderson

respectively. This weak performance is not surprising, given the difficult consumer environment. CEO and President KerriiAnderson said she was not satisfied with these results. Her management team is trying to reignite top-line growth with new

same-store sales dipped 0.2% at U.S. company units and increased only 0.7% at franchised locations. CEO KerriiAnderson said Wendy's is looking to accelerate its progress. We believe the company's expansion of its new breakfast menu

new double melt cheeseburgers and introduction of gift cards should boost sales in November. The company also named KerriiAnderson as its permanent CEO and president. Anderson had served as interim CEO and president since April and was previously

restaurants and royalty revenues were up $10 million. The board continues to search for a new CEO, with interim CEO KerriiAnderson still in the running. Last week, Wendy's commenced its modified "Dutch auction" tender offer to purchase up

Note, we opined that Wendy's WEN new leadership, including chairman James Pickett and interim CEO and president KerriiAnderson , would have its hands full trying to reinvigorate the Wendy's brand. So, we were encouraged that the board confirmed

board named longtime director James Pickett as chairman and is conducting a search for a new CEO. In the meantime, KerriiAnderson , who has served as executive vice president, CFO, and a board member since 2000, will act as interim CEO and president